MSME

MSME

?NISA demands representation for budget private schools in policy making

Opportunity India Desk Sep 29, 2017 - 2 min read

National Independent Schools Alliance (NISA), one of India's largest congregations of unaided budget private schools, representatives have met and presented a charter of demands to the HRD Ministry.Amongst the issues faced by budget private schools, autonomy of schools, return of Inspector Raj, RTE reimbursement, no detention and teacher's eligibility took precedence. During the meeting, Kulbhushan ...

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?Learntron raises an undisclosed amount from Kae Capital from seed funding

Opportunity India Desk Sep 29, 2017 - 1 min read

Learntron, a learning-productivity tech startup, raised an undisclosed amount from Kae Capital, a venture capital firm that focuses on seed-stage investment. The Chennai-based startup's customers include companies and educational institutions. It was founded by Subbu Viswanathan, an alumnus of IIT-Madras and Indian School of Business and a former McKinsey executive, along with Kuljit Chadha, also ...

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IFC invests USD 15 mn on Byju's

Opportunity India Desk Sep 29, 2017 - 2 min read

Ed-tech startup Byju's has raised USD15 million from International Finance Corporation (IFC), the World Bank's private-sector investment arm.In July that Byju's was close to raising between USD25 million and USD50 million for international expansion, and had named IFC as one of four potential investors. IFC had also made a disclosure on its website at the ...

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?Mamaearth gets an undisclosed amount from Fireside Ventures

Opportunity India Desk Sep 29, 2017 - 2 min read

Mamaearth, a babycare products startup, which sells its products only through Amazon India and FirstCry.com has raised an undisclosed amount in seed round of funding led by Fireside Ventures and some HNIs, a top company executive told Techcircle.Founded in 2016 by a couple Varun Alagh and Ghazal Alagh, this startup develops baby range products including ...

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?Apollo Health receives 450 crore INR from IFC

Opportunity India Desk Sep 29, 2017 - 2 min read

Apollo Health and Lifestyle Limited (AHLL), an Apollo Group initiative to take healthcare services from the hospitals and also a leading player in the retail healthcare segment, has received a Rs450 crore investment from International Finance Corporation and IFC Asset Management Company.Apollo Health and Lifestyle will use the money to expand its network of clinics, ...

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Fortis Plans To Raise $790 Mn By Selling Its Stake

Opportunity India Desk Jan 06, 2018 - 1 min read

Fortis Healthcare is seeking a cash injection of $790 million as part of its billionaire founders’ talks to sell their stake in India’s second-largest private hospital chain. Malvinder and Shivinder Singh have been in talks with private equity firms for the past year to sell their 34% stake in Fortis to pay down debt at ...

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Jaipuria Group to invest Rs 500 cr to expand

Opportunity India Desk Sep 29, 2017 - 1 min read

Shishir Jaipuria-led Jaipuria Group is planning to invest nearly Rs 500 crore to expand its presence in the education sector over the next five to seven years. "We envisage investment to the tune of Rs 500 crore by 2022 in our different educational initiatives, including in pre-nursery, secondary and higher education segments. Most of this ...

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Poney to invest Rs 30 crore, open 25 outlets in 5 years

Opportunity India Desk Sep 29, 2017 - 1 min read

With an eye on opening 25 more stores over the next five years in India, Malaysian kidswear brand Poney is looking at investing Rs 30 crore. Poney is aiming a turnover of Rs 100 crore in five years. It has a master franchise agreement with Ajanta International Group in India. Rajat Kapoor, Head, ...

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UK-based Maid2Clean seeks investors in tier II & III cities

Opportunity India Desk Sep 29, 2017 - 1 min read

Maid2Clean, UK-based brand that specialises in domestic and home cleaning services is seeking franchisees to establish the brand across India. The brand is looking to train and work with area developer licensees, who will sell local franchise territories. Maid2Clean renders domestic cleaning service by providing a fully vetted, reference checked and insured cleaner, who ...

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Adidas gets govt nod for 100% FDI, Franchise format will co-exist

Opportunity India Desk Sep 29, 2017 - 1 min read

German apparel major Adidas is learnt to have got an approval from the government to operate fully-owned stores with 100 per cent foreign direct investment in India. Adidas, which had been in the news for an alleged financial fraud at Reebok, a brand that it owns, had made its application to the ...

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